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IndustryUpdate
Bench, Stripe integrate systems banks, to payment service providers, to online mer-
chants to authenticate transactions and identify fraud
Online bookkeeping service provider Bench partnered before it happens," said Rich Stuppy, Chief Operations
with online commerce platform, Stripe, to provide back- Officer at Kount.
office solutions for tracking revenue and payments.
Small businesses can now instantly transfer Stripe mer- Mastercard teams with Verifone, Global Payments
chant data directly into their Bench accounts to automate
and unify reporting, processes that are normally time- Mastercard joined forces with payments industry lead-
intensive, the companies stated. ers to enhance and expedite the consumer checkout
experience by leveraging its M/Chip Fast technology.
BridgePay teams with MagTek, Bluefin Verifone plans to incorporate M/Chip Fast into its U.S.
product deployments. Global Payments Inc. plans to
BridgePay Network Solutions LLC entered a technol- make the faster EMV technology available to key mer-
ogy partnership with MagTek Inc. to integrate MagTek's chants in the fast food, grocery, transit and retail sectors.
eDynamo mobile reader into BridgePay's MobileLINK
app and PayGuardian middleware. MobileLINK cus- MiCamp, CapX join to launch WAVit
tomers now have a fully-brandable mobile payment
solution to support mobile EMV chip and magstripe pay- MiCamp Solutions and CapX Payments, a subsidiary
ments. BridgePay also partnered with Bluefin Payment of Prepaid Ventures, launched a new cash discount
Systems LLC to offer Bluefin's PCI-validated solution to program called WAVit designed to help merchants save
BridgePay clients. on credit card processing fees. "We're excited to offer
merchants a more cost-effective way to do business,"
Cayan aligns with Squirrel Systems said Andrew Siden, CEO of Prepaid Ventures. "With the
cash discount program, merchants are able to keep more
Cayan LLC formed a strategic alliance with hospitality of the money they earn and can accept all the ways their
POS provider Squirrel Systems, whereby Squirrel clients customers would like to pay."
can leverage Cayan's Genius payment platform to pro-
cess EMV and magstripe credit and debit cards; gift and NMI collaborates with Infinicept
loyalty cards; and mobile payments, including Apple
Pay, Android Pay and Samsung Pay to deliver enhanced NMI and Infinicept entered a collaborative agreement
customer payment experiences. whereby Infinicept's underwriting and boarding mod-
ules can be integrated with NMI's facilitator enablement
"Integrating with Cayan not only gives us the ability to (FACe) platform. According to NMI, the combination
provide additional EMV solutions in the U.S. for our creates a unique and powerful end-to-end boarding,
customers, it also allows our merchants to create high- underwriting and processing framework for payment
value customer experiences like pay-at-the table," said facilitators using NMI's FACe platform.
Joe Cortese, Vice President of Product Development at
Squirrel. "As EMV becomes more entrenched in the hos- Payscout, HealPay forge partnership
pitality industry, providing guests with the most secu- Payscout Inc. partnered in leveraging HealPay's settle-
rity and assurance is paramount, and Cayan's solution is ment solutions with Payscout's payment processing
allowing us to do that." engine to help increase processing volume for card-not-
Ingenico, EPX team in salons present merchants. "When merchants deploy consumer
friendly software, they process more payments," said
Ingenico Group and Electronic Payment Exchange col- Erick Bzovi, HealPay co-founder and CEO. "Our part-
laborated in upgrading POS terminals across Fantastic nership with Payscout gives HealPay a strong back-end
Sams Cut & Color franchises. Powered by EPXPay and provider, allowing us to scale into new markets and
Ingenico's iCT 250 smart terminals, Fantastic Sams is attract more growth-oriented merchants."
now equipped with an EMV-certified terminal applica-
tion, encryption, tokenization and end-to-end process- Trulioo, Mitek combine forces
ing services for card-present transactions. Trulio, in partnership with Mitek Systems Inc., launched
Kount integrates BehavioSec an ID document verification solution with facial com-
parison technology that relies on Mitek's mobile cap-
Kount Inc. integrated BehavioSec Inc.'s behavioral bio- ture and identity verification software to analyze and
metric technology into its fraud management platform. authenticate 3,500 different types of passports, driver
BehavioSec's technology verifies user identities by moni- licenses and identity cards from nearly every country,
toring how users interact with their devices. "Together, the partners stated.
we can better equip customers ranging from acquiring
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